Target stock falls 21% as big discounting effort falls short - NBC News
Nov 20, 2024 · Target's stock, as a result, fell more than 21% Wednesday. The discouraging results came despite a heavily touted campaign to discount thousands of items, as well as a pushed-up holiday sale.
Target tumbles 22% after its sales and earnings fall short ... - CBS News
Nov 20, 2024 · Shares of Target plunged $34.27 to $121.78 in Wednesday afternoon trading. The retail chain said its third-quarter sales rose 1.1% to $25.7 billion, while net income dropped 12% to $854 million...
News & Features - Target Corporate
Keep an eye on this space for the latest news and stories from Target — from company announcements to design partnerships to profiles of our team in action.
A tale of two retailers: Target reports ... - Associated Press News
Nov 20, 2024 · Target’s shares plummeted Wednesday, ending down more than 21%. Walmart’s share rose nearly 3% after posting its results Tuesday. The disappointing quarter at Target may have reflected the financial circumstances and mood of U.S. consumers in …
Target sounds the alarm bell on holiday shopping - CNN
Nov 20, 2024 · Target is expecting a surprisingly weak holiday shopping season, a potential warning sign for the retail industry.
Target must face shareholder lawsuit over Pride backlash, US …
Dec 4, 2024 · (Reuters) -Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders after its sales of LGBTQ-themed merchandise for Pride Month ...
Target Falls Below Expectations After Dockworker Strike
Nov 20, 2024 · Target's 2024 third-quarter profit is down from $971 million ($2.10 per share) seen in the third quarter of 2023. Meanwhile, sales climbed to $25.67 billion, which is up from $25.4 billion last year.
Target Will Reduce Prices on More Than 2,000 Items ... - Target …
Oct 22, 2024 · Target routinely adjusts its prices to remain competitive in markets across the country. These new price reductions are on top of the retailer's everyday low prices. In May, Target announced it would cut prices on about 5,000 items, saving Target guests millions of dollars this summer.
Target launches new paid membership program in ... - Associated Press News
Mar 5, 2024 · NEW YORK (AP) — Target, looking for ways to reverse a sales malaise, is getting into Amazon territory: the paid membership game. The Minneapolis discounter said Tuesday the new paid program, called Target Circle 360, will offer unlimited free same-day delivery in as little as an hour for orders over $35 and free two-day shipping.
Target raises 2024 profit forecast as price cuts draw shoppers
Aug 21, 2024 · Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year, driven by price cuts that attracted more shoppers to its...